Originally Posted by Roberto

Raj, I think it is much like most Western countries. Why are people always so critical of the gap between the rich and poor in Asia and the Middle East, the gap between rich and poor in the US and Europe is vast also. As far as UAE goes, I think you will find that most people are not multi-billionaire oil sheiks, most people are ordinary hard working middle-class or working-class citizens (sorry about using such politically incorrect terms). It is different when there is corruption involved, like in some African countries, but the UAE is a civilized place.

Originally Posted by Luwalira

Here in Sweden there aren't that huge gaps between people since the ones that earn alot of money gets their income raped by our inhuman taxes. This is how the taxes works:

We pay 31% tax if we earn up to 291k
If you earn between 29-44k you pay 51% tax
Earn over 44k and you will be paying 56% tax

May I also add that we pay 25% on consumer gods. So if you earn more than 44k you will be paying 81%(including sallery and consumer gods).

Originally Posted by Raj

Although the income distribution is high in western countries the Purchasing Power Parity is also far higher - ie - although there are very rich people in the West, the poorer people also have a good standard of living. This is relative poverty as opposed to absolute poverty.

Originally Posted by Luwalira

Here in Sweden there aren't that huge gaps between people since the ones that earn alot of money gets their income raped by our inhuman taxes. This is how the taxes works:

We pay 31% tax if we earn up to 291k
If you earn between 29-44k you pay 51% tax
Earn over 44k and you will be paying 56% tax

May I also add that we pay 25% on consumer gods. So if you earn more than 44k you will be paying 81%(including sallery and consumer gods).

Originally Posted by Giannis

you mean 29k

BTW, that is inhuman taxes!!!!
I don't know exactly what i pay here in Greece, but when it comes to consumer gods tax, it is 19%

Originally Posted by Luwalira

Eventhough we have a high number of Ferraris per capita, exotix cars aren't that common since some people still have negative attitudes toward luxury products from the capitalistic waste. If you buy a Lamborghini you will likely get alot of haters who will start talking negative non-sense about sportscars.



Yeah I made is mistake there . I should also add that if you have more than 500k in your bank account half of your sallery will automatically go to the state.

Originally Posted by Luwalira

I should also add that if you have more than 500k in your bank account half of your sallery will automatically go to the state.